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Topic: Cyrpto vs Fiat - page 2. (Read 6945 times)

hero member
Activity: 952
Merit: 500
August 23, 2016, 08:48:13 PM
Crypto and fiat have their own purpose and therefore crypto cant replace fiat and vice versa. Todays we can use crypto as payment method for online or offline activities, but crypto still has a lack especially bitcoin, due to the confirmation time.
Actually I have no problem with the confirmation in using bitcoin because I see it fast, and what matters to me is not really the confirmation but the amount of service fee I can save in using bitcoin in transaction. I am thankful I discover bitcoin and now I share it with my family to attract them to also use it.
legendary
Activity: 1904
Merit: 1000
August 23, 2016, 07:31:40 PM
Crypto and fiat have their own purpose and therefore crypto cant replace fiat and vice versa. Todays we can use crypto as payment method for online or offline activities, but crypto still has a lack especially bitcoin, due to the confirmation time.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
August 23, 2016, 07:07:13 PM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.
That's right, it's very hard to compare that and like would you wanna to compare major and minor? if there are having a different usefulness and that very completely supporting one and another.
hero member
Activity: 756
Merit: 501
August 23, 2016, 06:41:58 PM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.
thats true, though in my opinion it is possible that cryptos will replace fiat in the upcoming future, i hope it will make their price jump
I see crypto as the future, the way the current fiat system will moove, digital transactions, and no more printed money. The current system of fiat is very manipuladed by countries, they control all the money and if they facing problems they print more money, something they are against when bad guys tries to make the same, print money is and will be always a problem. With crypto you can set a limit of money circulating, and maybe if need put some fresh coins over years.
hero member
Activity: 770
Merit: 500
August 23, 2016, 11:23:01 AM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.
thats true, though in my opinion it is possible that cryptos will replace fiat in the upcoming future, i hope it will make their price jump
member
Activity: 98
Merit: 11
August 23, 2016, 07:17:50 AM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.

Well those people here who just earned bitcoin in such a less effort way thinks too much to the point that their thinking is to compare crypto and fiat.

They didn't realize what will happen if bitcoin is the only financial institution alive in the globe.
newbie
Activity: 54
Merit: 0
August 23, 2016, 07:14:00 AM
Hard to say crypto vs Fiat, Fiat is the currencies used overall in the world, Regardless of the specific currency, Crypto's are just starting to move and gaining ground, I don't think it's fair to even starting to compare both of them just yet.
sr. member
Activity: 406
Merit: 250
August 23, 2016, 02:54:57 AM
currently i prefer fiat coz i can't use crypto in my daily life and i don't buy digital goods for my crypto. but if in the future, local merchants accepts crypto payments i will definitely go with crypto
All of us we need to choose fiat for every day living and we need to choose crypto if we want to invest in only like bitcoin much trusted crypto currency and it has a great value.
hero member
Activity: 812
Merit: 1000
August 23, 2016, 01:32:21 AM
currently i prefer fiat coz i can't use crypto in my daily life and i don't buy digital goods for my crypto. but if in the future, local merchants accepts crypto payments i will definitely go with crypto
newbie
Activity: 28
Merit: 0
August 23, 2016, 01:23:27 AM
If I had to choose I would go for fiat. Everybody accepts it, and one dollar today will be worth about the same tomorrow. But since I can have both, I take both!
hero member
Activity: 3052
Merit: 651
August 23, 2016, 01:16:39 AM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  Smiley

Benefit of each. Bitcoin got no fake right? There is no fake bitcoin but with fiat there have been a lot either it is a Dollar or a Euro or any other currency.

One more is the transactions. When we are sending money it got faster than sending it through fiat like a door to door company. It takes like almost a week before my money come. Good thing Western Union came and the best thing is Bitcoin where it just takes minutes for money to come.
hero member
Activity: 952
Merit: 500
August 23, 2016, 12:16:16 AM
For now fiat money will be dominant currency and there is no place to consider otherwise, but if crypto coins will go for the same direction like the past years I think we will see a lot of intresting things Smiley.


Wrong, fiat is already dominant from a long time ago, I think before you're born in the world the fiat is already making their domination defeating gold. but crypto will never defeat a fiat, because that is just assisting a fiat.
It would never defeat fiat of course because we are just a small community and fiat is widely accepted in the whole world, people are living using fiat in a daily basis and no restrictions in terms of age, gender, and status in life unlike crypto currency which are very limited in terms of users.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
August 22, 2016, 11:40:04 PM
For now fiat money will be dominant currency and there is no place to consider otherwise, but if crypto coins will go for the same direction like the past years I think we will see a lot of intresting things Smiley.


Wrong, fiat is already dominant from a long time ago, I think before you're born in the world the fiat is already making their domination defeating gold. but crypto will never defeat a fiat, because that is just assisting a fiat.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
August 22, 2016, 11:18:35 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  Smiley
For me cryptos coins/ cryptos currencies are just for instrument of Investment, i can make active income from it although there are high risk in it ( high fluctuating of price). That is the benefit of cryptos currencies for me and The benefit of fiat are i can exchange profit of trading to fiat and make withdrawal it.


I think cryptos coins / cryptos currencies is the same with the money that we use everyday. But because nominally has very good movement and wild then it is utilized for investment because it is very profitable. So it is better if we use it as currency to buy something and at the same time we are also investing. hehe
full member
Activity: 210
Merit: 100
August 22, 2016, 11:07:30 PM
I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat.

If you could tell me why too. What are the benefit of each?  Smiley
For me cryptos coins/ cryptos currencies are just for instrument of Investment, i can make active income from it although there are high risk in it ( high fluctuating of price). That is the benefit of cryptos currencies for me and The benefit of fiat are i can exchange profit of trading to fiat and make withdrawal it.
sr. member
Activity: 336
Merit: 250
August 22, 2016, 11:01:01 PM
Crypto currency can only used in investments and in online shopping
Fiat this is always need by the people in every day lives, because it is only accepted currency in all stores and we can used this anywhere we want.

Exactly.  Crypto currency is such a good investment for us and actually it could be used to pay for bills here in our country.  And besides digital currency up to now were not popular to people around the globe.  Fiat is so easy to use and many people are used of it.  They will use it as they know that it really exist that it is the real thing.  Problem with crypto is some people would make it hard to believe that it can do the same thing as fiat currency.  Hope that one day people would be more familiar with crypto as it is really a hassle free currency.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 22, 2016, 10:48:51 PM
Both crypto and fiat have their place in the world as much as people would love to trick themselves into bitcoin replacing fiat in the future, that will never be the case. The two must co-exist and platforms should be developed to ease the mutual use of both currencies. Waves has the right idea, but god awful execution

Yeah actually without crypto man can live now but without fiat it is really hard for one person to give himself the necessities. So this crypto currencies should be used as a means of making life more easier and convenient.
sr. member
Activity: 294
Merit: 250
August 22, 2016, 10:43:57 PM
Both crypto and fiat have their place in the world as much as people would love to trick themselves into bitcoin replacing fiat in the future, that will never be the case. The two must co-exist and platforms should be developed to ease the mutual use of both currencies. Waves has the right idea, but god awful execution
hero member
Activity: 714
Merit: 531
August 22, 2016, 10:40:37 PM
Crypto currency can only used in investments and in online shopping
Fiat this is always need by the people in every day lives, because it is only accepted currency in all stores and we can used this anywhere we want.
sr. member
Activity: 281
Merit: 250
August 22, 2016, 06:01:29 PM
recently crypto currency and fiat currency are both important for us, as in most of the areas the shopkeepers are not accepting crypto currencies and majority of the people are still using fiat therefore we cannot choose in in present time.
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